Latest News
2012 ROTH IRA
2012 Roth IRA Conversions The IRS made significant changes to conversion rules starting in 2010...
1099 K – Credit Card Sales Report to IRS
In an effort to help close the "tax gap," the IRS has launched a new...
Medical Device Tax – Impact on Medical Industry
In 2010, Congress passed a tax on medical devices to offset a portion of the...
Individual Retirement Account – Required Minimum Distribution
If you have one or more traditional IRAs set up in your name and will...
2013 Standard Mileage Rates Up 1 Cent per Mile for Business, Medical and Moving
Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car...
IRS: No AMT patch would cause chaotic filing season
Millions of taxpayers would see their filing season upended unless Congress enacts a legislative fix...
Year-end tax planning
As the end of the year approaches, it's time to consider strategies that can help...
Report of Foreign Bank and Financial Accounts (FBAR)
The basic mechanism for a taxpayer to alert the IRS about the existence of a...
S Corporation Shareholders: Accelerating Income Into 2012
S Corporations with Prior C Corporation E&P Because of the advantageous treatment afforded S corporation...
